Video: Giuliani talks about White House run

CONCORD, N.H. — Republican presidential candidate Rudy Giuliani focuses on the economic improvements he made in New York and the drop in the city's crime rate in a new television ad that began airing in New Hampshire Wednesday.

"The world's 17th largest economy. Swimming in red ink. Record crime. Runaway taxes. A million on welfare. That was New York," an announcer says. "Until Rudy."

Giuliani faced a more than $2 billion budget deficit despite a tax rate of almost 9 percent. Giuliani said the tax rate scared away business; hotel taxes were $24 a night, compared with $8 in other major cities at the time. And in 1994, almost one in seven New Yorkers were on welfare.

In the ad, which starts in New Hampshire and Boston television markets, an announcer highlights Giuliani's response: "He cut taxes 9 billion. Welfare 60 percent. Crime in half. The most successful conservative turnaround in 50 years."